Are you looking to buy a pharmacy in Leicester?
Whether you are a first-time buyer looking for pharmacies for sale in the Leicester area, or a seasoned buyer, our consultants at Prospect Estates will be able to give you a detailed market overview.
Buying a pharmacy in Leicester offers several distinct advantages, particularly due to the city’s diverse demographics, robust healthcare services, and thriving local economy.
Located in the heart of the UK, Leicester has excellent transport links, including major motorways and a central railway station with connections to London, Birmingham, and Nottingham. The city’s central location makes it an ideal base for pharmacy operations, whether serving a local community or acting as a hub for a broader geographic area.
Prospect Estates are working with a wide range of pharmacies in the Leicester area that are actively looking to sell, so please get in touch to find out about our latest opportunities.
View our pharmacies for sale in Leicester
Pharmacy for sale Leicestershire - Offers over £1 million
Turnover: £1,700,000
Offers over: £1,000,000
Location(s): Leicestershire
Maintainable EBITDA: £165,000
Years established: 15-20
Number of staff: 8
Number of items: 14,000
Notes: - Running under management
- 30% gross profit
- 10% EBITDA
- Opportunity to expand private and NHS services
- Strong local GP links
- Retirement driven sale
Find out more On Hold
Pharmacy for sale Leicestershire - Offers over £975,000.
Turnover: £1,200,000
Offers over: £975,000
Location(s): Leicestershire
Maintainable EBITDA: £7
Years established: 20+
Number of staff: 5
Number of items: 7,000
Notes: - 30% Gross profit
- Consistent turnover year on year
- Established over 2 decades
- Suitable for experienced pharmacy acquirer or first time buyers
Find out more Sold
Pharmacy for sale Leicestershire - Turnover circa £1.05m
Turnover: £1,050,000
Offers over: £1,000,000
Location(s): Leicestershire
Maintainable EBITDA: £165,000
Years established: 20+
Number of staff: 6
Number of items: 8,000
Notes:
- 42% gross profit
- 16% EBITDA.
- Full handover provided by the principle.
- Opportunity to purchase freehold.
- Suitable for either a first time buyer or established acquirer.
Ideal opportunity if you are pharmacy buyer looking for a Pharmacy for Sale in Nottinghamshire, Pharmacy for Sale in Nottingham, Pharmacy for Sale in Derbyshire, Pharmacy for Sale in Derby, Pharmacy for Sale in Leicester, Pharmacy for Sale in Leicestershire, Pharmacy for Sale in Tamworth, Pharmacy for Sale in Melton Mowbray, Pharmacy for Sale in Grantham.
Find out more Sold
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Frequently asked questions
What are the key advantages of buying a pharmacy in Leicester?
• Leicester has a robust economy with strengths in sectors like education, retail, manufacturing, and healthcare. This economic stability supports the local consumer base and fosters a steady demand for healthcare and pharmaceutical products.
• The city’s central location makes it an ideal base for pharmacy operations.
• Leicester is home to Leicester Royal Infirmary and Leicester General Hospital, two major hospitals with extensive patient bases.
• The NHS services in the city are well-integrated, offering pharmacies the chance to participate in a range of NHS contracts, including dispensing prescriptions and providing other healthcare services like flu vaccinations.
How do I Find, Finance, and Secure my first pharmacy?
• Prospect Estates have hosted a series of webinars tailored to clarifying the process of finding and acquiring pharmacies across the UK.
• If you’re looking to buy your first pharmacy, this session provides expert advice in innovative financing strategies and finding acquisition targets.
Will the seller ask for a deposit to secure the purchase of a pharmacy?
Deposits are sometimes used in pharmacy transactions to provide the seller with assurance that you are serious about the purchase. The deposit amount should be reasonable in relation to the total purchase price and refundable under certain conditions.
It is strongly recommended that buyers have a pharmacy solicitor review the terms of any deposit agreement before signing and making any payment.
Where do I learn more about the current operations of a pharmacy before purchasing?
Your solicitor should provide a due diligence questionnaire, which will ask about the business, employees, property, operations, insurance, and financial matters.
Where can I get more guidance on the pharmacy acquisition process?
• Whether you’re a first-time buyer or a seasoned owner, our webinar offers expert advice on the process of buying a pharmacy.
• Join Nathan Atkinson, Director of Prospect Estates, and the legal experts from Carter Bond Solicitors in this essential webinar.
• This session will simplify the pharmacy acquisition process and highlight key pitfalls to avoid.
What key aspects of the Financial Health of the business should I consider when acquiring a pharmacy?
• Profitability: Review the pharmacy’s financial statements, including income, expenses, and profit margins.
• Revenue streams: Understand the income sources, such as NHS prescriptions, private sales, and over-the-counter products.
• Cash flow: Assess the pharmacy’s ability to generate consistent cash flow to cover expenses and reinvest in the business.
• Debts and liabilities: Check for any outstanding debts, loans, or financial obligations that could affect the business.
• At Prospect Estates, we have put together a carefully selected panel of finance brokers and lenders who can help you with your acquisition finance requirements. Find out more here.
